3Wall Street Journal Rpt.
last year was going to go into a recession, whether europe can kind of keep it together through recession. i think we've gotten past through most of those things and i think it's slow and steady u.s. economic growth picture is probably the best bet, but i think it's going to feel better to the average person because of the component to that growth, meaning housing, autos, and finally jobs. looking like they're going a decent up spring. i think a slow and steady but feeling better than the past couple of years. >> it definitely does feel better. ezra, uncertainty seems to have been the theme this year. businesses don't like it. investors don't like it. how much uncertainty do you expect in 2013 for the political and for consumers? >> plenty. the world is an uncertain place. to mike's point, i agree. i think the fundamentals both here and global are looking pretty strong. the problem is we're seeing essentially simultaneous deterioration in political systems across the world. obviously europe has been having a number of problems, but i wouldn't exactly say washington has been cove
the u.s. keep clear of europe for now. i think high yield debt will be interesting. within equities, if the economy starts really growing it will be more broad-based and people can move away from the more conservative investments and go into more cyclical as well as smaller cap stocks. >> optimistic view on 2013 from alison deans. always good to see you. >> thank you. >>> when we return on "the wall street journal report," maria will be back gazing into the crystal ball of 2013. what the new year may bring to wall street, to washington, and to your wallet. predictions and analysis to get you to january 1st and beyond. and then later, what a ride it's been. some of the biggest names and stories and ideas that made the 12 months of 2012. as we go to the break, a look at how the stock market ended the week. >>> another new year's eve approaches and instead of resolutions we're making bets and predictions for 2013 for washington, wall street, and around the world. joining me now is "the washington post"'s ezra klein and yahoo! finance senior columnist mike santoli. mike, the post-crisis
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